Clipper Realty Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Clipper Realty in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Clipper Realty stock.
View analyst ratings for Clipper Realty or view top-rated stocks.

Wall Street analysts have given Clipper Realty a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Clipper Realty wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Clipper Realty saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 177,800 shares, a decrease of 41.8% from the February 28th total of 305,700 shares. Based on an average trading volume of 94,000 shares, the short-interest ratio is currently 1.9 days. Approximately 1.4% of the shares of the company are sold short.
View Clipper Realty's Short Interest.

Clipper Realty is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Clipper Realty.

Clipper Realty Inc. (NYSE:CLPR) posted its earnings results on Tuesday, March, 16th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.25. Clipper Realty had a negative net margin of 4.11% and a negative trailing twelve-month return on equity of 3.80%.
View Clipper Realty's earnings history.

Clipper Realty's stock was trading at $10.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CLPR stock has decreased by 11.4% and is now trading at $8.87.
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Clipper Realty announced a quarterly dividend on Tuesday, March 16th. Stockholders of record on Friday, March 26th will be given a dividend of $0.095 per share on Wednesday, March 31st. This represents a $0.38 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date is Thursday, March 25th.
View Clipper Realty's dividend history.

Clipper Realty pays an annual dividend of $0.38 per share and currently has a dividend yield of 4.29%. CLPR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Clipper Realty does not yet have a strock track record of dividend growth. The dividend payout ratio of Clipper Realty is 76.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Clipper Realty will have a dividend payout ratio of 54.29% next year. This indicates that Clipper Realty will be able to sustain or increase its dividend.
View Clipper Realty's dividend history.

2 Wall Street analysts have issued 1-year price targets for Clipper Realty's stock. Their forecasts range from $9.00 to $14.00. On average, they expect Clipper Realty's share price to reach $11.50 in the next twelve months. This suggests a possible upside of 29.7% from the stock's current price.
View analysts' price targets for Clipper Realty or view top-rated stocks among Wall Street analysts.

Some companies that are related to Clipper Realty include Orchid Island Capital (ORC), New Senior Investment Group (SNR), CorePoint Lodging (CPLG), Gladstone Land (LAND), CatchMark Timber Trust (CTT), Preferred Apartment Communities (APTS), One Liberty Properties (OLP), Exantas Capital (XAN), Plymouth Industrial REIT (PLYM), City Office REIT (CIO), Ares Commercial Real Estate (ACRE), LSL Property Services (LSLPF), Hersha Hospitality Trust (HT), Whitestone REIT (WSR) and Farmland Partners (FPI).
View all of CLPR's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Clipper Realty investors own include Matinas BioPharma (MTNB), ADMA Biologics (ADMA), Gran Tierra Energy (GTE), New Residential Investment (NRZ), Bionano Genomics (BNGO), CBL & Associates Properties (CBL), DHT (DHT), Pennsylvania Real Estate Investment Trust (PEI), Zosano Pharma (ZSAN) and Cannabics Pharmaceuticals (CNBX).

(CLPR) raised $103 million in an IPO on Friday, February 10th 2017. The company issued 7,100,000 shares at a price of $13.50-$15.50 per share. FBR and Raymond James served as the underwriters for the IPO and Janney Montgomery Scott and Wunderlich were co-managers.

Clipper Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLPR."

Shares of CLPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CLPR stock can currently be purchased for approximately $8.87.

Clipper Realty has a market capitalization of $142.48 million and generates $116.17 million in revenue each year. The company earns $-1,660,000.00 in net income (profit) each year or $0.50 on an earnings per share basis.

Clipper Realty employs 156 workers across the globe.

The official website for Clipper Realty is www.clipperrealty.com.

Clipper Realty is headquartered at 4611 12TH AVENUE SUITE 1L, BROOKLYN NY, 11219.

Clipper Realty's mailing address is 4611 12TH AVENUE SUITE 1L, BROOKLYN NY, 11219. The company can be reached via phone at 718-438-2804 or via email at [email protected]